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Lots Of Dad's Coins - Let's Start With A 1901 Cyprus Eighteen Piastres

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sjmills's Avatar
United States
2 Posts
 Posted 12/29/2017  3:55 pm Show Profile   Bookmark this topic Add sjmills to your friends list Get a Link to this Message Number of Subscribers
My Dad, who was a banker for most of his life, is getting up there in age and decided to start getting rid of stuff. He gave me a metal box of coins he's collected over the years. I'm sure he got many when he was in Italy during WWII. So I'm just looking through to see what we have, looking them up online, and feeling overwhelmed. I'm thinking we'll sell them on ebay.

I've read several of the pages of the Appraising a Coin Collection page on this site, but need to find time to read more. For now, I thought I'd ask about one coin, which goes for between a few bucks and $500 on ebay.

I guess I'm looking for advice. Should I take the time to learn about each coin and figure out its value before posting on ebay, or would I be better off finding a local dealer and just take the whole lot off our hands?

Lots-Of-Dad's-Coins---Let's-Start-With-A-1901-Cyprus-Eighteen-Piastres
Lots-Of-Dad's-Coins---Let's-Start-With-A-1901-Cyprus-Eighteen-Piastres

I'm only able to shoot with my iPhone at the moment. Hopefully the image quality is usable.
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paxbrit's Avatar
United States
992 Posts
 Posted 12/29/2017  4:50 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
Nice coin with a low mintage, but worn to Fine or so condition. The value is towards the lower end of the scale, perhaps $65 at best, probably around $50 is a fair price.
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Tootallious's Avatar
United States
1559 Posts
 Posted 12/29/2017  5:22 pm  Show Profile   Bookmark this reply Add Tootallious to your friends list Get a Link to this Reply
to the forum sjmills IMHO I would research each coin in order to get a better understanding of not only what you have, but also a value. And of course, low mintage coins usually bring a better premium. If you can, download the PCGS grading app. This will help you determine the grades of the coins. The higher the grade, the higher the value. Good luck! And looking forward to your posts.
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spru's Avatar
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 Posted 12/29/2017  5:40 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply

Quote:
Should I take the time to learn about each coin and figure out its value before posting on ebay, or would I be better off finding a local dealer and just take the whole lot off our hands?


If you have the time, you would be better off learning about each coin before selling. Not only will you most likely get more for them, but you will also have gained knowledge.

In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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sel_69l's Avatar
Australia
21786 Posts
 Posted 12/29/2017  5:51 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
This coin is in rather typical grade for this date.
Scarce - ish coin to get hold of these days.
Typical weak "C" in "CYPRUS", under the crown, don't know why that is.

NGC World coin values
is a good website to research coin values.
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jbuck's Avatar
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oriole's Avatar
Canada
5239 Posts
 Posted 12/29/2017  8:40 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Don't be in a rush-take a bit of time to do some research.

How many coins do you have? 100? 1000?

If you have a lot, a dealer will not likely price each individual coin, especially if a lot are common. It is better if you know what the valuable ones are before you even consider selling them. Many foreign coins have a very thin market in the US, so ebay might be the way to go.
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sjmills's Avatar
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 Posted 12/30/2017  01:58 am  Show Profile   Bookmark this reply Add sjmills to your friends list Get a Link to this Reply
Thanks for all the advice. Good point, oriole, about not being in a rush. There are around 100 coins and less than a dozen bills; British, Canadian, Italian, Mexican, plus many others. Then lots of American; Mercury dimes, Liberty dollars, etc.
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spru's Avatar
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 Posted 12/30/2017  02:44 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply

Quote:
There are around 100 coins and less than a dozen bills; British, Canadian, Italian, Mexican, plus many others. Then lots of American; Mercury dimes, Liberty dollars, etc.


It sounds like most of them can be readily identified and valuated. If you have any questions about specific coins, post them!
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Dorado's Avatar
Canada
24885 Posts
 Posted 12/30/2017  10:01 am  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
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